UPDATE: Senate's recent action extends enhanced levels of Section 179 through the end of 2017!
Purchase or lease prior to January 1st, 2018...
Section 179 of the IRS tax code allows qualifying small businesses to deduct the full purchase price up to $500,000 of qualifying equipment purchased or leased during the current tax year from their 2017 income tax return.
This is a temporary incentive created by the U.S. Government to encourage qualifying businesses to purchase equipment and invest in themselves. And, time is running out.
The incentive will end at midnight on December 31st, 2017.
NOTICE: This notification has been prepared by Restaurant Equippers, Inc. as a public service for our valued customers. It should not be considered as tax advice or a promise of tax savings or reduced tax liability to any individual or business. For more information, contact your tax professional, visit the Internal Revenue Service at www.irs.gov, visit www.section179.org, or various other sites dealing with Sec. 179 and/or depreciation bonus information.